Henllys Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Henllys Lease Extensions
20,000 agreed with the landlord’s agents, just seeking to find a Henllys conveyancers for a lease extension. Our flat has circa 76 yearsremaining. Are you willing to help us with this situation ?
My name´s Aarav. I’m flat hunting in Henllys I'm seeing a 2 bed flat online, with nearon 62 years unexpired lease, how much does it cost on average to extend in this area by, say, 25 years?
I am looking to extend the lease on my ground floor flat in Henllys which will have 67 years remaining in August. What fees apply?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am considering whether to purchase the freehold or a lease extension of my property in Henllys and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with TSB to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has increased from £25.00 per annum to £100 per annum.
Ref a residence in Henllys. upper maisonette. sixety seven yrs unexpired. I have an agreed lease extension to £14k for 125yrs. Landlord also insisted on Notice of Claim which I think should not be necessary. Advice required.
I am looking to extend the lease on my two bedroom ground floor purpose built flat in Henllys I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
Just been over 2 years that I have owned my garden flat in Henllys. I have 67 years left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Henllys based lawyers or any will do fine?
If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
My wife and I are concerned about obtaining a lease extension from an objectionable freeholder. Notwithstanding that the correct procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £300 doubling every twenty five years of the new lease. Can you assist?